Search results for Mirae Asset Venture Investment
Games & Commerce
Naver, Krafton, Mirae Asset launch large technology investment push in India
Naver said it held a briefing in New Delhi with Krafton and Mirae Asset on establishing the Unicorn Growth Fund, sized at up to 1 trillion won. The event was arranged to introduce the fund to local companies and venture capital firms during President Lee Jae-myung’s visit to India. The fund began operations at more than 500 billion won after Krafton contributed 200 billion won, and it aims to expand further.
AI & Enterprise
Upstage raises 180 billion won in first close of Series C round
Upstage said on April 15 it has completed the first close of a Series C funding round totaling 180 billion won. The fundraising valued the company at more than 1 trillion won. Silicon Valley-based venture capital firm Sages Partners joined as the lead investor, while Premier Partners, Shinhan Venture Investment, Mirae Asset Venture Investment, KB Securities and InterVest participated as follow-on investors. Axiom Asia, Hyundai Motor and Kia, and Woori Venture Partners joined as new investors.
Finance
Nextrade adjusts trading-eligible stocks to 650 to handle surge in volume
Nextrade said on Feb. 9 it will adjust the number of securities eligible for trading execution to 650 starting Feb. 12 to respond to a surge in trading volume amid a market rally. It said combined average daily trading volume at the Korea Exchange and Nextrade rose about 41 percent from 1.675 billion shares in early January to 2.362 billion shares in late January. The top 50 most-traded stocks will be excluded through end-June.
